DBAG Fund VII’s Acquisition of a Majority Stake in SERO Schröder Elektronik Rohrbach GmbH


Shearman & Sterling advised Deutsche Beteiligungs AG (DBAG) and DBAG Fund VII advised by DBAG on the acquisition of a majority stake in SERO Schröder Elektronik Rohrbach GmbH (Sero) in connection with a Management Buyout (MBO).

Sero is the sixth investment of DBAG Fund VII, which focuses inter alia on successions in family-owned companies in MBO transactions. The transaction is subject to the approval of the competition authorities and expected to close in November 2018.

Headquartered in Rohrbach, Germany, Sero is a development partner and manufacturing service provider for electronic components. Sero is strong in the automotive industry but also active in other sectors, offering industrial competence and a highly automated plant applying high-quality and innovative processes to manufacture cost-efficient products of the highest quality.

Shearman & Sterling advised Deutsche Beteiligungs AG (DBAG) with a team including Thomas König (Picture), Esther Jansen, Anders Kraft, Aliresa Fatemi, Denise Tayler, Sven Oppermann, Philipp Jaspers, Evelin Moini, Marion von Grönheim and Astrid Ruppelt.

Involved fees earner: Thomas König – Shearman & Sterling; Aliresa Fatemi – Shearman & Sterling; Denise Tayler – Shearman & Sterling; Sven Oppermann – Shearman & Sterling; Philipp Jaspers – Shearman & Sterling; Evelin Moini – Shearman & Sterling; Esther Jansen – Shearman & Sterling; Marion von Grönheim – Shearman & Sterling; Anders Kraft – Shearman & Sterling; Astrid Ruppelt – Shearman & Sterling;

Law Firms: Shearman & Sterling;

Clients: Deutsche Beteiligungs AG;